Overview
What is William Marsh Rice University?
William Marsh Rice University is a renowned research institution based in Houston, Texas. With over 8,400 employees, the university offers undergraduate and graduate education in various fields, including social sciences, natural sciences, engineering, humanities, music, and architecture. Accredited by several organizations, Rice University boasts a student-to-faculty ratio of 6:1, ensuring personal attention and ample opportunities for interaction. The university is home to more than 8,200 students and 13,000 lifelong learners. Rice offers 50 undergraduate majors and delivers education via four online master's degrees and numerous online courses for both credit and life-long learning. The institution is renowned for its commitment to undergraduate education and research, producing leaders across various disciplines. With an emphasis on diversity, Rice University attracts over 16,000 enrollments each year to its non-credit and credit programs. The university's location in Houston provides access to the Texas Medical Center and the Houston Museum District, enriching students' experiences with cutting-edge research and the visual arts.
Official website here: www.rice.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
William Marsh Rice University demonstrates a strong commitment to accountability and financial health, reflected in its impressive score of 96%. With a majority of independent board members and a fully compliant audit and oversight committee, the organization shows a high level of governance and transparency. The low liabilities to assets ratio indicates a solid financial position.
The university excels in its program expense ratio, dedicating over 91% of its expenses directly to its programs, which underscores its focus on fulfilling its mission. The presence of well-documented policies, including conflict of interest and whistleblower protections, further highlights its dedication to ethical practices and stakeholder trust.
However, while the overall data reflects robust governance and financial management, the summary does not highlight specific challenges or areas for improvement within the organization. Overall, the nonprofit appears to be effectively managed, making it a reliable choice for support and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is William Marsh Rice University legitimate?
William Marsh Rice University is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Marsh Rice University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $14,941,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,707,173
For more financial information, click here
Official website here: www.rice.edu
What is the mission statement of William Marsh Rice University?
William Marsh Rice University, a renowned research institution, is dedicated to pioneering research and exceptional education. With a distinctive focus on undergraduate learning, the university strives for groundbreaking discoveries, superior teaching, and contributions to the betterment of the world. By fostering a diverse community of scholars, Rice University cultivates future leaders across various fields of human endeavor. Approximately 8,200 students attend the university, with around 70% of undergraduates and all doctoral students receiving financial aid.
Official website here: www.rice.edu
Who is the CEO of William Marsh Rice University?
Unavailable
Official website here: www.rice.edu
What is the revenue of William Marsh Rice University?
William Marsh Rice University's revenue in 2022 was $1,372,497,739.
Official website here: www.rice.edu
Who are the executives of William Marsh Rice University and what are their salaries?
The average compensation at William Marsh Rice University during 2022 was $43,953. There are 8410 employees and 3227 volunteers at William Marsh Rice University.
Here are 57 key members and their salaries:
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- Other: $24,325
Official website here: www.rice.edu
Where can I find the form 990 for William Marsh Rice University?
William Marsh Rice University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rice.edu
Learn more at the official website: www.rice.edu
Mission Statement of William Marsh Rice University
William Marsh Rice University, a leading research institution, is dedicated to pioneering research and providing exceptional education. With a steadfast commitment to undergraduate learning, Rice University strives for groundbreaking discoveries, unparalleled teaching, and contributions to the betterment of humanity.
Cultivating a diverse community of scholars, Rice University aims to foster leaders across various fields of human endeavor. The university enrolls roughly 4,200 undergraduate and 4,000 graduate students, with around 70% of undergraduates and all doctoral students receiving financial aid.
By offering a rich academic environment, Rice University supports its students in reaching their full potential. The university's commitment to excellence is reflected in its rigorous academic programs and the financial assistance it provides to ensure access for a diverse student body. With a focus on undergraduate education, Rice University is dedicated to preparing the next generation of leaders for success in their chosen fields.
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Impact
October, 2024
William Marsh Rice University's impact is profound, primarily through its commitment to research and education. As a leading research university, Rice emphasizes a distinctive approach to undergraduate education, aspiring to create path-breaking research and unparalleled teaching. It fosters a diverse community that nurtures leaders across various fields.
With an enrollment of approximately 4,200 undergraduate and 4,000 graduate students, Rice offers over 50 undergraduate majors across its six schools of study, which include Social Sciences, Natural Sciences, Engineering, Humanities, Music, and Architecture. The university provides integral pathways for students pursuing professional schools, ensuring a well-rounded education that prepares them for various careers.
Rice's online education programs extend its impact beyond traditional students, featuring master's degrees aimed at working professionals, such as the MBA@Rice and Master of Data Science. With over 2 million learners engaging in its online courses, the university has become a significant provider of lifelong learning opportunities and skill development in critical fields such as computer science and engineering.
The student-to-faculty ratio of 6 to 1 enhances Rice's educational impact, fostering personal attention and close relationships between faculty and students. This environment contributes to high student satisfaction, as evidenced by accolades from various ranking institutions recognizing Rice for student happiness, financial aid, and career placement.
Additionally, Rice's strategic location in Houston—home to a vibrant cultural and business landscape—provides unique opportunities for interdisciplinary collaboration and access to valuable resources, such as the Texas Medical Center and the Houston Museum District. Overall, Rice University's commitment to research, education, and community engagement significantly enriches the academic landscape and contributes to the betterment of society.
This information is meant to be a general summary of William Marsh Rice University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $537,757,878
- Program Service Revenue: $514,452,011
- Gross Receipts: $2,548,302,893
Assets and Liabilities:
- Total Assets: $9,509,125,671
- Total Liabilities: $1,413,426,452
- Net Assets: $8,095,699,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and fees
Revenue
$420,649,981
Auxiliary operations
Revenue
$52,925,625
Department sales
Revenue
$36,104,552
Research contracts
Revenue
$4,771,853
Organization Details
Founding Year
1908
Phone
(713) 348-0000Main Address
6100 Main Street MS 70, Houston, TX, 770051827
Website
www.rice.eduNTEE Category
Code: B430 - Education
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